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Yen Falls to 3-Month Low vs Dollar; Greenback Down on Signs of Risk Appetite

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 26, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The Dollar-Yen pair rose again today, reaching a new 3 month high around the 98.70 level. As we mentioned before, the Yen is being pressured as a result of its weak economic growth. Also today, President Obama unveiled an outline of his budget which would yield a $1.75 trillion deficit...

    complete article here...

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